SG Americas Securities LLC Purchases 67,259 Shares of Healthpeak Properties, Inc. $DOC

SG Americas Securities LLC boosted its holdings in Healthpeak Properties, Inc. (NYSE:DOC) by 258.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 93,255 shares of the real estate investment trust’s stock after buying an additional 67,259 shares during the period. SG Americas Securities LLC’s holdings in Healthpeak Properties were worth $1,633,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Teachers Retirement System of The State of Kentucky raised its stake in shares of Healthpeak Properties by 3.7% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 53,975 shares of the real estate investment trust’s stock worth $1,091,000 after purchasing an additional 1,908 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Healthpeak Properties in the 1st quarter worth about $872,000. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Healthpeak Properties by 2.8% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 1,529,120 shares of the real estate investment trust’s stock worth $30,919,000 after buying an additional 41,563 shares during the last quarter. Oak Thistle LLC bought a new position in Healthpeak Properties during the 1st quarter valued at about $1,393,000. Finally, AE Wealth Management LLC boosted its holdings in shares of Healthpeak Properties by 6.8% during the 1st quarter. AE Wealth Management LLC now owns 12,202 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 775 shares during the last quarter. 93.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DOC has been the subject of several research reports. Morgan Stanley decreased their price objective on shares of Healthpeak Properties from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Scotiabank lowered shares of Healthpeak Properties from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from $21.00 to $19.00 in a research note on Tuesday, July 29th. Evercore ISI set a $22.00 price target on Healthpeak Properties in a research note on Monday, September 15th. Raymond James Financial upgraded Healthpeak Properties from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a research report on Monday, September 15th. Finally, Cantor Fitzgerald began coverage on Healthpeak Properties in a report on Wednesday, October 1st. They issued a “neutral” rating and a $20.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Healthpeak Properties has a consensus rating of “Moderate Buy” and an average price target of $20.82.

Healthpeak Properties Trading Down 1.2%

Shares of DOC stock opened at $17.41 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.22 and a quick ratio of 1.28. The company has a market cap of $12.10 billion, a price-to-earnings ratio of -348.03, a PEG ratio of 3.84 and a beta of 1.10. Healthpeak Properties, Inc. has a 1 year low of $16.63 and a 1 year high of $22.71. The firm has a fifty day moving average price of $18.30 and a 200-day moving average price of $17.82.

Healthpeak Properties (NYSE:DOC) last announced its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $705.87 million for the quarter, compared to analysts’ expectations of $681.65 million. Healthpeak Properties had a negative return on equity of 0.44% and a negative net margin of 1.36%.Healthpeak Properties’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. Healthpeak Properties has set its FY 2025 guidance at 1.810-1.870 EPS. As a group, equities analysts predict that Healthpeak Properties, Inc. will post 1.86 earnings per share for the current year.

Healthpeak Properties Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 19th will be given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, December 19th. Healthpeak Properties’s payout ratio is presently -2,440.00%.

About Healthpeak Properties

Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.